Mutual of America Capital Management LLC Decreases Position in Medical Properties Trust, Inc. (NYSE:MPW)

Mutual of America Capital Management LLC lowered its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 3.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 87,430 shares of the real estate investment trust’s stock after selling 3,518 shares during the period. Mutual of America Capital Management LLC’s holdings in Medical Properties Trust were worth $527,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC boosted its holdings in Medical Properties Trust by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 10,742,446 shares of the real estate investment trust’s stock valued at $42,446,000 after purchasing an additional 58,828 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Medical Properties Trust by 13.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 10,020,568 shares of the real estate investment trust’s stock worth $60,424,000 after purchasing an additional 1,182,028 shares during the last quarter. Allianz Asset Management GmbH grew its stake in Medical Properties Trust by 43.2% in the first quarter. Allianz Asset Management GmbH now owns 7,134,629 shares of the real estate investment trust’s stock worth $43,022,000 after purchasing an additional 2,152,861 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Medical Properties Trust by 60.8% in the 4th quarter. Northern Trust Corp now owns 6,309,149 shares of the real estate investment trust’s stock valued at $24,921,000 after acquiring an additional 2,385,081 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Medical Properties Trust by 4.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,676,474 shares of the real estate investment trust’s stock valued at $14,522,000 after acquiring an additional 150,760 shares in the last quarter. 71.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on MPW shares. Royal Bank Of Canada lowered their target price on Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating for the company in a report on Monday, June 30th. Wall Street Zen downgraded Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, July 5th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Medical Properties Trust currently has an average rating of “Hold” and a consensus price target of $5.67.

Medical Properties Trust Stock Performance

MPW opened at $4.04 on Tuesday. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. The company has a market capitalization of $2.42 billion, a price-to-earnings ratio of -1.69 and a beta of 1.28. The business has a 50 day moving average price of $4.31 and a two-hundred day moving average price of $4.92. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.76 and a quick ratio of 3.23.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. The company had revenue of $240.36 million for the quarter, compared to analyst estimates of $231.90 million. During the same quarter last year, the company posted $0.23 EPS. Medical Properties Trust’s revenue was down 9.8% on a year-over-year basis. Research analysts predict that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 17th. Investors of record on Wednesday, June 18th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend was Wednesday, June 18th. Medical Properties Trust’s payout ratio is currently -13.39%.

About Medical Properties Trust

Medical Properties Trust, Inc is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.